Home
News
- In a new movie showcasing Spiral’s LDK, a puppet of Jack Dorsey is used to describe the Lightning Network
- LDK supports native APIs written in Rust, C, Swift, Java, and Kotlin
- Spiral is also working on the Bitcoin Development Kit, which provides cross-platform mobile wallet interactions, in addition to the LDK
In a new movie showcasing Spiral’s LDK, a puppet of Jack Dorsey is used to describe the Lightning Network. The crypto arm of Square, which was recently rebranded, has displayed its Lightning Development Kit, which promises to boost the Bitcoin network. On Tuesday, the Spiral team from Jack Dorsey’s company released a video demonstrating the possibilities of Bitcoin (BTC) Lightning and the LDK. LDK was created to allow developers to connect their applications to the network on mobile devices and point-of-sale terminals in a seamless manner.
ALSO READ: ETHEREUM KILLERS AREN’T IMMUNE TO SPIKES AS THEY GROW
LDK supports native APIs written in Rust, C, Swift, Java, and Kotlin. This allows developers to design their wallet software in the language of their choice for their users, as well as eliminate the need for separate Bitcoin and Lightning Network wallets. The LDK is a tool that makes it easy for any developer in the world to design a wallet, according to Twitter’s former CEO in the video. In the video, a puppet Jack Dorsey interacts with store employees and owners by using Lightning Network to pay for services. He pays for a nose piercing and a movie ticket with his mobile LN wallet app, while the video alternates between the Spiral team discussing the benefits of Bitcoin and the LN. Since its inception in 2019, Spiral, formerly known as Square Crypto, has been producing Bitcoin wallet solutions.
Spiral is also working on the Bitcoin Development Kit, which provides cross-platform mobile wallet interactions, in addition to the LDK. Lightning is a layer-two scaling solution for Bitcoin that turns Bitcoin into an actual payment system, according to Spiral project manager Haley Berkoe.
Spiral’s LDK, according to Conor Okus, will promote Bitcoin and the LN acceptance by offering a method for people in different regions of the world to hold money and engage in economic activity. Lightning consumers will benefit from the new product release because network nodes are at all-time highs. According to the most recent data from Bitcoin Visuals, there are 18,905 nodes on the Lightning Network with active channels.
Andrew is a blockchain developer who developed his interest in cryptocurrencies while pursuing his post-graduation major in blockchain development. He is a keen observer of details and shares his passion for writing, along with coding. His backend knowledge about blockchain helps him give a unique perspective to his writing skills, and a reliable craft at explaining the concepts such as blockchain programming, languages and token minting. He also frequently shares technical details and performance indicators of ICOs and IDOs.
